CEO of the company OKD, Ján Fabián, has said that his company will not
keep the Paskov coal mine open beyond the end of 2014 with its own
finances. Speaking on the Sunday Czech TV talk show, Mr. Fabián said that
between 400 and 750 workers from the Paskov mine will be moved to the
company’s other mines in the next few months, while a few hundred will
remain in Paskov until its final closing. The mine currently employs
around
3,000 people. Mr. Fabián said that he is open to discussions with the
government about possible state support in order to keep the mine open
longer. Prime Minister Rusnok said last week that no subsidies will be
provided to OKD from state funds, though both he and President Zeman plan
to meet with representatives of OKD and its parent company New World
Resources next week.